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Nifty view for 27/07/22.

Indeks Nifty 50 (NSE:NIFTY)  
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NSE:NIFTY   Indeks Nifty 50
Support and Resistance Candlestick Analysis Moving Averages NIFTY niftyanalysis niftytrend BANKNIFTY niftybank niftyprediction niftyview niftyoutlook niftytradesetup
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supportandresistance candlestick movingaverage nifty niftyanalysis niftytrend banknifty niftybank niftyprediction niftyview niftyoutlook niftytradesetup
Nifty has closed below its 200 DMA and has taken support from its 16480 level.

On hourly time frame, looks bearish and can remain bearish on a smaller time frame.

A perfect bearish trend is being formed on 15 minute time frame and market has closed between 20 and 200 ema.

support :- 16324, 16485
Resistance :- 16680, 16825

The market can remain bearish and can fill the pending gap.

Wait for the price action before entering the markets.

Idea Berkaitan

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